VA Home Loans in Navarro, Ellis & Freestone Counties: A Guide for Veterans

VA-backed home loans are a valuable benefit for veterans, service members and eligible surviving spouses. Here's how they work if you're buying around Corsicana, Waxahachie or Fairfield.

Key benefits

• No down payment in many cases, as long as the sales price isn't higher than the home's appraised value.
• No private mortgage insurance (PMI).
• A one-time VA funding fee, which some borrowers are exempt from. Your lender can tell you whether it applies to you.

Getting started

1. Request your Certificate of Eligibility (COE). Many lenders can pull it for you.
2. Get pre-approved with a lender experienced in VA loans.
3. Shop for homes in your price range.
4. Make an offer with VA financing noted in the contract.

What you can buy

VA purchase loans can be used for a home you'll live in as your primary residence. According to VA, eligible properties include single-family homes and multi-unit homes up to four units, condos in VA-approved projects, manufactured homes and lots, and new construction.

The VA appraisal

VA loans require a VA appraisal, which checks the home's value and that it meets VA's minimum property requirements. On rural properties, ask your lender early how well water, septic and road access will be handled.

Learn more on the VA purchase loan page.

Thank you for your service. Ready to use your benefit? Call Lacy Rider, Broker/Owner of K4G Realty, at (775) 934-1655, or get a free home value.

Explore Our Town Guides

Learn more about the towns across our area, including local history, school districts and what to research before you buy.

Navarro County: Corsicana, Kerens, Rice, Blooming Grove, Frost, Dawson, Richland, Mildred

Ellis County: Waxahachie, Ennis, Midlothian, Red Oak, Ferris, Italy, Palmer, Maypearl

Freestone County: Fairfield, Teague, Wortham, Streetman

Henderson County: Athens, Gun Barrel City, Mabank, Malakoff, Seven Points, Chandler, Brownsboro, Eustace